9 Dolamore Place, Wainoni, Christchurch

Nestled in a serene cul-de-sac at 9 Dolamore Place, Wainoni, Christchurch, this 760m2 freehold industrial property is a gem for businesses. Constructed in the 1980s with a mix of materials for the walls and iron for the roof, it boasts a 350m2 floor area and a 330m2 low-clear span warehouse in pristine condition. The modern office space measures 63m2, and the yard is sealed and secure at 350m2. The warehouse features steel portal frames, corrugated steel roofing, and a stud height ranging from 3.1m to 4.6m. It's perfect for owner-occupiers or secure storage, with access via wide sliding doors and equipped with two heat pumps. The property is fully fenced at 2.7m high and is in good condition both inside and out.

With a current Capital Value (CV) of $680,000, it has seen a 30.77% increase since 2019. The HouGarden AVM estimates the property at $650,000, while the latest sale was recorded at $596,000 in 2024, up from $530,000 in 2019. This is a property with a promising investment track record.

For families, the property falls within the decile 9 Middleton Grange School zone, along with other well-rated schools such as Hillview Christian School (decile 7), Chisnallwood Intermediate (decile 5), and Marian College (decile 8). It's an ideal location for those who value a good education.

Updated on October 23, 2024